KAISA GROUP (01638) Reports Interim Results with Net Loss Attributable to Owners of Approximately HK$10.03 Billion, Up About 10% Year-on-Year

Stock News
2025/08/28

KAISA GROUP (01638) announced its interim results for 2025, reporting total revenue of approximately HK$3.701 billion, representing a year-on-year decrease of 31.8%. Gross profit declined by 37.8% year-on-year to approximately HK$463 million, while the net loss attributable to owners reached approximately HK$10.03 billion, an increase of about 10% compared to the same period last year. Loss per share stood at HK$1.43.

As of June 30, 2025, the group owned a total of 164 real estate projects across 44 cities nationwide, with land reserves totaling 20.75 million square meters. Of this total, approximately 12.6 million square meters of land reserves are located in the Greater Bay Area, accounting for 61% of the group's overall land reserves. Within the Greater Bay Area cities, Shenzhen and Guangzhou, which have been the group's key markets for many years of intensive development, represent 42% of the Greater Bay Area land reserves.

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